In 2023, Germany led the global export market for motor vehicle bumpers and parts, controlling a substantial share, followed by the United States and the Czech Republic. While Germany and the Czech Republic showed high growth rates, the United States exhibited modest growth. Notable gains were seen in Romania, Lithuania, and Finland. Conversely, South Africa, Slovenia, and Slovakia showed positive developments, while countries like Argentina and Ukraine faced declines.
Moving forward, attention should be on emerging automotive markets and technological advancements which can influence trade. Key factors include shifts in manufacturing hubs, innovation in bumper materials, and the impact of electric vehicle production on parts demand.
Top countries in Export of Bumpers and Parts Thereof for Motor Vehicles Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.61 | 2023 | +3.31% | +3.02% | View data |
| 2 | 2 United States | 11.71 | 2023 | +2.61% | +1.96% | View data |
| 3 | 3 Czech Republic | 6.28 | 2023 | +4.81% | +5.8% | View data |
| 4 | 4 China | 5.82 | 2023 | +3.44% | +3.89% | View data |
| 5 | 5 Spain | 5.06 | 2023 | +2.42% | +2.08% | View data |
| 6 | 6 Japan | 5.06 | 2023 | +0.84% | +0.56% | View data |
| 7 | 7 France | 3.89 | 2023 | +1.64% | +0.74% | View data |
| 8 | 8 Canada | 3.71 | 2023 | -0.8% | -1.84% | View data |
| 9 | 9 Italy | 3.32 | 2023 | +2.43% | +2.23% | View data |
| 10 | 10 Mexico | 3.09 | 2023 | +2.65% | +2.84% | View data |
